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EnergyMedium impactPre-market

MRPL seeks crude oil while avoiding Red Sea and Hormuz

pre-market1 source ↓written by the desknot a recommendation

State-owned Mangalore Refinery and Petrochemicals Ltd (MRPL) is seeking to import up to 1 million barrels of crude oil via a spot tender, explicitly avoiding the Red Sea and Strait of Hormuz due to recent disruptions. This marks the first instance of an Indian refiner including such a clause in its tender, reflecting a precautionary view amid escalating tensions in the region. The tender period is set for August 25 to September 6.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 28 Jul 2026, 07:10 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

MRPL closed −1.4% on the day of the news, from ₹162.29 to ₹160.03; Nifty 0.0% over the same session.

Bulletin at 07:10 IST on 28 Jul 2026. Every change is measured from ₹162.29, the last close before it, on 27 Jul. Nifty 50 is measured over the same sessions.

  • MRPL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
MRPL closes around the bulletin against the close before the news, with Nifty 50 rebased to it131.97162.29192.61axis spans 46%before the news · 27 Jul162.29Nifty 50MRPLbulletinD0+1+3+521 Jul31 Jul11 AugReference close ₹162.29. 16 sessions from 21 Jul to 11 Aug; the price axis spans 46 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before27 Jul₹162.29basebase
On the day28 Jul₹160.03▼ −1.4%0.0%−1.4 pp difference
+1 session29 Jul₹163.41▲ +0.7%▲ +1.1%−0.4 pp difference
+3 sessions31 Jul₹169.94▲ +4.7%▲ +1.6%+3.1 pp difference
+5 sessions4 Aug₹169.64▲ +4.5%▲ +2.6%+1.9 pp difference
Gap at the open, % · ₹
▲ +0.4%+0.71 on 28 Jul
Day's range, % · ₹
2.9%≈ 4.7 high to low
Volume on the day
0.23×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · MRPL on the desk →

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